"Liberty is in constant pursuit of the highest and best use of end-of-life tires. We have been investigating the chemical extraction business for many years and Bolder has proven to be a partner we can rely on to work with us and our customers on a large scale," Thomas Womble, CEO of Liberty Tire Recycling, said in a statement. "Bolder and Liberty are aligned in their goals to increase sustainability for waste tires and our new partnership will accelerate the growth and global expansion for both companies in this critically important space."
Bolder estimates that this will contribute to 400 million pounds of BolderBlack, 1.8 million barrels of BolderOil, and 100,000 tons of recycled steel.
"Liberty Tire Recycling and Bolder Industries are here to provide full-scale opportunities to tire manufacturers who have committed to recycled content and sustainability goals," said Bolder Industries CEO Tony Wibbeler. "Our partnerships with Liberty Tire Recycling, Tokai Carbon, Continental Carbon and Tauber Oil unite the top brands in our industry to provide a closed-loop solution for the end-of-life tires without supply chain disruptions."
Founded in 2011, Boulder, Colo.-based Bolder Industries is built around a proprietary solution that recovers 98 percent of scrap tires by extracting petroleum-based ingredients and steel. Additional information is available at bolderindustries.com.